CERTIFICATION OF THE NECESSITY OF THE PASSAGE OF ASSEMBLY BILL No. 2381— SUPPLEMENTAL SUPPLY BILL. STATE OF NEW YORK EXECUTIVE CHAMBER TO THE LEGISLATURE: It appearing to my satisfaction that the public interest requires it; THEREFORE, In accordance with the provisions of section fifteen of article three of the Constitution and by virtue of the authority thereby conferred upon me, I do hereby certify to the necessity of the immediate passage of Assembly bill number 2381 (Introductory No. 1603), entitled: “An act making appropriations for certain expenses of government and supplying deficiencies in former appropriations." GIVEN under my hand and the Privy Seal of the State at the Capitol in the city of Albany this fourth day of May in the year of our Lord one thousand nine hundred and five. [L S] FRANK W. HIGGINS By the Governor : FRANK E. PERLEY Secretary to the Governor CERTIFICATION OF THE NECESSITY OF THE PASSAGE OF SENATE BILL No. 1523- IN RELATION TO THE PRICE OF ILLUMINATING GAS SOLD TO THE CITY OF NEW YORK STATE OF NEW YORK EXECUTIVE CHAMBER TO THE LEGISLATURE: It appearing to my satisfaction that the public interest requires it; THEREFORE, In accordance with the provisions of section fifteen of article three of the Constitution and by virtue of the authority thereby conferred upon me, I do hereby certify to the necessity of the immediate passage of Senate bill number 1523 (Introductory No. 1025), entitled "An act in relation to the price of illuminating gas furnished or sold to the city of New York and providing for a penalty for violation.” GIVEN under my hand and the Privy Seal of the State at the Capitol in the city of Albany this fourth day [L S] of May in the year of our Lord one thousand nine hundred and five. FRANK W. HIGGINS By the Governor : FRANK E. PERLEY Secretary to the Governor MESSAGE RECOMMENDING THE REPEAL OF THE SAVINGS BANK TAX STATE OF NEW YORK EXECUTIVE CHAMBER Albany, May 4, 1905 TO THE LEGISLATURE: I respectfully call attention to the portion of my annual message relating to the repeal of the tax imposed on the surplus of savings banks by chapter 117 of the laws of 1901, which reads as follows: "The tax on the surplus and undivided profits of savings banks appears in its practical operation to be a tax upon the depositors, and is therefore, contrary to the long-established policy of the State to exempt from taxation the savings of those who make use of these banks. The amount of the tax is charged against the current earnings of the bank and is not taken from the surplus, and it is claimed that the bank is, therefore, unable to pay the same rates of interest to depositors as it would if the tax were not imposed. A reduction of the interest on these accounts is a hardship to those affected thereby, and I recommend the repeal of this tax. The receipts from this source for the past fiscal year were $720,000.00, and the revenue thus lost must be made up; but at the same time justice seems to demand that this tax be abolished and that some more equitable method of raising the amount be resorted to." A bill to carry into effect this recommendation, introduced on the first day of the legislative session, still remains in committee. With the unexpected and increasing demands for the payment of claims against the state which have been held by the courts to be justly due, with the equally unexpected curtailment of revenue, also due to judicial decisions, and with the unavoidable extraordinary expenses of this session, doubt has arisen in the minds of some as to the wisdom of surrendering any source of present revenue. It has been urged that the Empire State cannot be either penurious or niggardly in the exercise of its public functions; that it should not in honor and good faith seek to hinder nor delay its creditors and that it cannot with prudence release the savings banks from the burden of this tax at the present time. But pledges to the people must faithfully be kept and cannot safely be ignored on the specious plea of necessity. The Republican party is committed to this repeal by the repeated public declarations of its candidates. It cannot afford to refuse to do its duty in this regard. The reasons for relieving the savings banks from this tax as a matter of justice, are more cogent now than at the opening of the session. I therefore recommend that the Legislature take immediate favorable action on the bill to repeal this tax. FRANK W. HIGGINS CERTIFICATION OF THE NECESSITY OF THE STATE OF NEW YORK EXECUTIVE CHAMBER TO THE LEGISLATURE: It appearing to my satisfaction that the public interest requires it; THEREFORE, In accordance with the provisions of section fifteen of article three of the Constitution and by virtue of the authority thereby conferred upon me, I do hereby certify to the necessity of the immediate passage of Senate bill number 606 (Assembly reprint No. 2262), entitled: "An act to amend chapter nine hundred and nine of the laws of eighteen hundred and ninety-six, being an act entitled: 'An act in relation to the elections constituting chapter six of the general laws,' passed May twenty-seventh, eighteen hundred and ninety-six, by adding thereto an additional article to be known as article nine." GIVEN under my hand and the Privy Seal of the State at the Capitol in the city of Albany this fifth day of May in the year of our Lord one thousand nine hundred and five. [L S] By the Governor : FRANK W. HIGGINS FRANK E. PERLEY Secretary to the Governor MEMORANDUM FILED WITH ASSEMBLY BILL No. 2331 AMENDING THE TAX LAWS IN RE LATION TO TAXABLE TRANSFERS OF PROP- STATE OF NEW YORK EXECUTIVE CHAMBER Albany, May 22, 1905 Memorandum filed with Assembly bill number 2331, (Introductory No. 1573, introduced by Mr. McKeown), entitled: 66 An act to amend the tax laws in relation to taxable transfers of property." Not approved. |